Xunlei Limited (NASDAQ:XNET) has a beta value of 1.79 and has seen 1,322,749 shares traded in the recent trading session. The company, currently valued at $271.67 Million, closed the recent trade at $3.9973 per share which meant it gained $0.1 on the day or 3.56% during that session. The XNET stock price is -80.12% off its 52-week high price of $7.2 and 53.22% above the 52-week low of $1.87. If we look at the company’s 10-day average daily trading volume, we find that it stood at 735.52 Million shares traded. The 3-month trading volume is 499.56 Million shares.
The consensus among analysts is that Xunlei Limited (XNET) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Xunlei Limited (NASDAQ:XNET) trade information
Sporting 3.63% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 29 when the XNET stock price touched $4.24-3 or saw a rise of 3.77%. Year-to-date, Xunlei Limited shares have moved -16.73%, while the 5-day performance has seen it change 7.37%. Over the past 30 days, the shares of Xunlei Limited (NASDAQ:XNET) have changed 27.1%. Short interest in the company has seen 2.1 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $12, which means that the shares’ value could jump 200.2% from current levels. The projected low price target is $12 while the price target rests at a high of $12. In that case, then, we find that the current price level is +200.2% off the targeted high while a plunge would see the stock lose 200.2% from current levels.
Xunlei Limited (XNET) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +18.8% over the past 5 years. Earnings growth for 2020 is a modest -29.9% while over the next 5 years, the company’s earnings are expected to increase by 19%.
Xunlei Limited (NASDAQ:XNET)’s Major holders
Insiders own 0.38% of the company shares, while shares held by institutions stand at 23.65% with a share float percentage of 23.74%. Investors are also buoyed by the number of investors in a company, with Xunlei Limited having a total of 38 institutions that hold shares in the company. The top two institutional holders are Yong Rong (HK) Asset Management Ltd with over 9.88 Million shares worth more than $32.6 Million. As of March 30, 2020, Yong Rong (HK) Asset Management Ltd held 14.57% of shares outstanding.
The other major institutional holder is Morgan Stanley, with the holding of over 2.37 Million shares as of March 30, 2020. The firm’s total holdings are worth over $7.82 Million and represent 3.5% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDRï¿½ Kensho New Economies Composite ETF and DFA Emerging Markets Small Cap Series. As of March 30, 2020, the former fund manager holds about 0.49% shares in the company for having 332003 shares of worth $1.1 Million while later fund manager owns 135.98 Thousand shares of worth $575.2 Thousand as of January 30, 2020, which makes it owner of about 0.2% of company’s outstanding stock.